SIRI Monthly Thread October 2015 (with NFL Chat)

[dm_4]

Agree with working the buy backs but they may need to run it up to 4.25+- to shake loose shares from stubborn retail holders then drop it back into the present trend lines and scoop them up.

4.25 huh? that to me would be pushing it. But I would love to see it!!

[dm_4]

So on 9/21/15 siri was trading at 3.85 and i posted the following:

O'k....So my thoughts about heading in into siri cc about a month away. Between now and then they take it down to 3.65 range and then if numbers are good at cc we rally up to 4 area again....and pullback. My theory of "containment" if you will based on past history.

About a week later it hit 3.65 bounced off of it and today we hit 4.00. Mission complete. I am going to say my "containment" theory has gone exactly as planned. Ironically that call wasn't really based on anything other than gut feeling from following this stock for the last six years. I did know auto sales were going to be excellent so that was a consideration at the time.

Midas can i get one of those +1 thingys you like to hand out please?

[JR999]

Hi guys. Curiosity question. What kind of bump in the SP do you think there would be (if you think there would be one) if news hit that Howard Stern resigned for a few years coincided with next week's earnings report? I have not seen any chatter on his contract in a while and year end is approaching. Apologies if my facts are off. Just curious. Thanks.

[denco1]

With strong earnings and positive HS news we would move up 8-10% pretty quickly IMO

[dm_4]

With strong earnings and positive HS news we would move up 8-10% pretty quickly IMO

haha....location? shortie's a$$....love it. just noticed that lol. Midas prob not liking that.

[JR999]

Interesting. Appreciate your response. Thanks.

[dm_4]

With strong earnings and positive HS news we would move up 8-10% pretty quickly IMO

I think dencos %'s are good. Last night when i was researching howards last go around... found out that the news was released in early dec...and that the day the news was released the stock was only up about .07.

[midas360]

Hey Sly.... check it out. Local bank emailed me telling me they put my hawk picture on their website. Check it out.

https://www.frostbank.com/pages/default.aspx

[bdp.]

Another anomaly so far is we have not had any ill timed negative siri headlines lately....i.e. lawsuits, etc...knock on wood. A lot can happen in 3 or 4 days tho.

You mean like "Matthew Harrigan of Wunderluch lowers his price target on Sirius XM to $1.50 due to lack luster performance in the pharmaceutical sector"

[denco1]

I think dencos %'s are good. Last night when i was researching howards last go around... found out that the news was released in early dec...and that the day the news was released the stock was only up about .07.

I do remember that move DM. I think it spiked a bit more in pre and then settled in a bit. We were trading in the high $1 range at the time I believe. This time around with many headwinds behind us and several years of consecutive growth it should be a bigger catalyst, thus the larger % move in conjunction with a strong CC/earnings.....all hypothetical of course.


EDIT: Strong CC good for 2-4%........HS news good for 4-6%.......ish